INDEBTEDNESS

obligation, indebtedness

(noun) a personal relation in which one is indebted for a service or favor

indebtedness, liability, financial obligation

(noun) an obligation to pay money to another party

Source: WordNet® 3.1

Etymology

Noun

indebtedness (usually uncountable, plural indebtednesses)

State of owing money; being in debt.

The state of owing something or being under obligation to someone.

The amount owed.

All debts totalled.

Source: Wiktionary

In*debt"ed*ness, n.

1. The state of being indebted.

2. The sum owed; debts, collectively.

Source: Webster’s Unabridged Dictionary 1913 Edition

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